Can anyone give me advise on debt consolidation??
Question:
Answer:
Financial trouble is the number 1 cause of family problems, married or unmarried. Answering this type of question is difficult to do because their are so many things in which need to be considered.
If you have more bills than money, then you have only 2 options.either cut your bills, or make more by taking on 2nd and 3rd jobs, and in the best case scenario.do both.
I know that it is easier said than done, but this does work unless there are medical conditions or children involved. I say this from experience, and continue to this day working 2 jobs.
If you have no skills, or limited, you really need to consider upgrading your worth in the marketplace. Go to a trade school or community college...this will help you make more.
As for worrying about bills that are going unpaid..just list all of your bills from most important to the least...this will get you started.
1. rent
2. utilities
3. gas/fuel
4. groceries.
and so on, once you identify paying for needs.cut out the wants.cut off your cable/satellite, phones, internet and so on. I know it's not a pleasant life to do away with what I'm mentioning....but if you don't change something....it will surely change you...and you are already feeling those changes or you wouldn't be here seeking advice.
I do wish you well kiddo.
Try meeting with a local credit counselor to review your budget and your bills. You might be able to find new strategies for managing your debt and rebuilding your credit.
More Related Questions & Answers...